Form 4: Titan International COO's Stock Activity

Sentiment:

Insider Transaction Report


Titan International's COO, Max Narancich, reported an acquisition of 35,000 shares and a disposition of 2,841 shares for tax purposes.

Summary

  • Max Narancich, Chief Operating Officer of Carlstar, a division of Titan International Inc. (TWI), reported changes in his beneficial ownership of company common stock.
  • On March 10, 2026, Narancich acquired 35,000 shares of common stock.
  • On the same date, 2,841 shares of common stock were disposed of at a price of $8.54 per share. This disposition was made to satisfy tax withholding obligations related to the vesting of restricted stock.
  • Following these transactions, Narancich beneficially owns a total of 87,198 shares of common stock.
  • The total beneficial ownership includes 70,334 shares of restricted stock, which are scheduled to vest on various dates: 6,000 shares on June 20, 2026; 23,333 shares on March 10, 2027; 6,000 shares on June 20, 2027; 23,334 shares on March 10, 2028; and 11,667 shares on March 10, 2029.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. The acquisition of shares is positive for insider alignment, while the disposition for tax withholding is a standard, non-discretionary event.

Positives

  • The COO acquired 35,000 shares of common stock, which indicates continued equity participation and alignment with shareholder interests.

Negatives

  • A disposition of 2,841 shares occurred to cover tax withholding obligations, which is a standard practice for restricted stock vesting and not inherently negative.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and typically do not provide insights into broader industry trends or the competitive landscape. This filing reflects an individual executive's equity compensation activity.

Stakeholder Impact

  • Shareholders: The COO's continued equity ownership aligns his interests with shareholders.

Next Steps

  • Future vesting of 70,334 restricted stock shares according to the specified schedule through March 10, 2029.

Key Dates

DateDescription
03/10/2026Date of common stock acquisition and disposition for tax withholding.
03/12/2026Signature date of the reporting person.
06/20/2026Vesting date for 6,000 shares of restricted stock.
03/10/2027Vesting date for 23,333 shares of restricted stock.
06/20/2027Vesting date for 6,000 shares of restricted stock.
03/10/2028Vesting date for 23,334 shares of restricted stock.
03/10/2029Vesting date for 11,667 shares of restricted stock.

Keywords

Titan International, TWI, Max Narancich, Insider Transaction, Form 4, Stock Ownership, Restricted Stock, Beneficial Ownership, Carlstar

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